Azerbaijan-based banks’ net worth exceeds AZN 2B

Sat 18 March 2017 20:18 GMT | 00:18 Local Time

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As of January 31, 2017, Azerbaijan-based 32 banks’ assets stood at AZN 32,407,100,000, liabilities at AZN 30,347,500,000.

According to the Financial Markets Supervisory Authority, the banks’ net worth amounted to AZN 2,059,600,000, up 7.9% or AZN 150.8 million compared to early 2017, APA reports.

Personal savings stood at AZN 7,691,300,000.  

Two of the banks are state-owned. Number of foreign banks makes up 15. These banks operate 569 branches, 132 departments, and 2,468 ATMs. Number of employees is 16,928 people. 




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